Village to tap general aviation tourism
By Winny Wang |
May 6, 2011, Friday
|
Print Edition
Print Edition
HUAXI Village, the richest village in China, plans to set up a 100 million yuan (US$15.4 million) general aviation company within two years to develop low-altitude tourism.
The village in Jiangyin, Jiangsu Province, has submitted an application to China's civil aviation regulator to establish the aviation firm, and approval may be given by the end of this month, Li Qing, vice president of Huaxi Group Co, told Shanghai Daily yesterday.
"We set up the carrier to tap the booming travel demand in our village as more than 2 million tourists visit the village every year, and we plan to expand service to the Yangtze River Delta region in the future," Li said.
The village-run Huaxi Group, parent of Shenzhen-listed Jiangsu Huaxicun Co, will invest 100 million yuan to hold the entire stake in the new company, Jiangsu Huaxi General Aviation Co. It plans to operate five helicopters and one business jet by 2015. The village spent 90 million yuan in buying two helicopters from McDonnell Douglas and Eurocopter last year, and they will join the fleet of the new company.
"The airline is part of Huaxi Village's efforts to transform its industry from industrial to services. We also want a piece of the low-altitude tourism market," Li said.
The civil aviation regulator pledged to fully open the country's low-altitude sky for general aviation by 2015. It has already opened the low-altitude sky in Jilin, Guangdong and Heilongjiang provinces on a trial basis, and it will add the provinces of Hunan and Hubei as well as Guangxi and Inner Mongolia regions to the pilot project soon.
The village in Jiangyin, Jiangsu Province, has submitted an application to China's civil aviation regulator to establish the aviation firm, and approval may be given by the end of this month, Li Qing, vice president of Huaxi Group Co, told Shanghai Daily yesterday.
"We set up the carrier to tap the booming travel demand in our village as more than 2 million tourists visit the village every year, and we plan to expand service to the Yangtze River Delta region in the future," Li said.
The village-run Huaxi Group, parent of Shenzhen-listed Jiangsu Huaxicun Co, will invest 100 million yuan to hold the entire stake in the new company, Jiangsu Huaxi General Aviation Co. It plans to operate five helicopters and one business jet by 2015. The village spent 90 million yuan in buying two helicopters from McDonnell Douglas and Eurocopter last year, and they will join the fleet of the new company.
"The airline is part of Huaxi Village's efforts to transform its industry from industrial to services. We also want a piece of the low-altitude tourism market," Li said.
The civil aviation regulator pledged to fully open the country's low-altitude sky for general aviation by 2015. It has already opened the low-altitude sky in Jilin, Guangdong and Heilongjiang provinces on a trial basis, and it will add the provinces of Hunan and Hubei as well as Guangxi and Inner Mongolia regions to the pilot project soon.
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